Considerations when Registering under the Cyprus Flag
There is a vast array of benefits available to those wishing to register a shipping vessel under the Cypriot flag. In terms of geographical location, infrastructure, safety and efficient operations Cyprus can offer substantial advantages. Underlying the entire system is a highly profitable economic environment which offers major tax advantages and other fiscal incentives to those who operate...
Considerations when Registering under the Cyprus Flag
There is a vast array of benefits available to those wishing to register a shipping vessel under the Cypriot flag. In terms of geographical location, infrastructure, safety and efficient operations Cyprus can offer substantial advantages. Underlying the entire system is a highly profitable economic environment which offers major tax advantages and other fiscal incentives to those who operate...
Considerations when Registering a Vessel under the Cyprus Flag
There is a vast array of benefits available to those wishing to register a shipping vessel under the Cypriot flag. In terms of geographical location, infrastructure, safety and efficient operations Cyprus can offer substantial advantages. Underlying the entire system is a highly profitable economic environment which offers major tax advantages and other fiscal incentives to those who operate...
Considerations when Registering a Vessel under the Cyprus Flag
There is a vast array of benefits available to those wishing to register a shipping vessel under the Cypriot flag. In terms of geographical location, infrastructure, safety and efficient operations Cyprus can offer substantial advantages. Underlying the entire system is a highly profitable economic environment which offers major tax advantages and other fiscal incentives to those who operate...
CYPRUS: Capital Gains and Immovable Property Taxation
Low taxation and straight forward bureaucratic procedures attract business people and investors from all over the world to invest in the Republic of Cyprus. Cyprus’ low taxation regime facilitates the expansion of business activities in the island.
In the current article, Michael Chambers will present some useful information about capital gains and immovable property taxation schemes in...
CYPRUS SHIPPING INDUSTRY: MORTGAGES
Shipping is an important sector of the Cyprus economy. Consequently, shipping finance constitutes an essential part of Cyprus shipping industry. International and national financial institutions may shape the development of the shipping industry in the island. Apart from banking and financial institutions, another important dimension that should be taken into account is the provision of...
REGISTRATION OF SHIPS IN CYPRUS
Cyprus is a major international shipping centre. In the article “International Shipping Companies Choose Limassol,” Michael Chambers explained the major incentives that motivate international shipping companies to establish their operations in Cyprus. In this article Michael Chambers presents the basic information concerning ship registration procedures in Cyprus. Generally, the Policy and...
Foreign Currency Loans Embed an Exchange Rate Risk: The Case of SWISS FRANC Loans
Loans and mortgages in SWISS FRANC became popular in Cyprus after 2006, the year when the Republic was a candidate country to assess the EURO zone. During this particular period, SWISS FRANC loans were attractive because the cost of borrowing was relatively low. Notably, within the period 2006-2009, thousands of investors took loans in SWISS FRANC. Nevertheless, the sudden appreciation of...
International Shipping Companies Choose Limassol
Cyprus is a leading market in ship management. Tax incentives and well-developed business infrastructures attract ship owners and shipping companies from all over the world to register and launch their services in Cyprus. Shipping is an important sector of the Cyprus economy. Ship management activities account almost 6% of Cyprus GDP. Precisely, Cyprus is the largest third party ship...
Divorce in Cyprus: Parental Care
An important dimension of Family Law is parental care. In general, the term parental care denotes the right and the responsibility of parents towards minor children. The parental care is exercised by both parents. That is to say, both of the parents are responsible for the welfare of their children, and at the same time they have the right to have a contact with them.
In Cyprus, parental care...